Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: jtsaratoga who wrote (7442)	4/9/1998 9:13:00 PM
From: LastShadow	Read Replies (1) of 120523

Position Trading Account: Rises today brought the account to a little over 21.5% growth in the last 6 weeks (4.6% today, 6.3% since Wednesday's open). Still, not a stellar record, but satisfactory given the drop in the early part of the week. IPIC looks to continue up with large intraday ranges, and both PNF, PQT and PWAV may succumb to profit-taking Monday, although all seem worth holding. BOST, ANDW, and CPU made no significant moves up or down, but from today's action I decided to leave alone for awhile. Although not setting stops is incongrous with my usual ranting, we are now in a period of large intraday swings and rapid changes (note PWAV's action at open). Setting a stop on the best gainers is prudent when we are looking at them only bi-weekly, but with the present market and end-of-day review, I decided to take a larger risk for the moment. I will post mental stops this weekend for those who want them. lastshadow

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